If you can’t beat ’em, join ’em. Fast-casual restaurant chains like Chipotle Mexican Grill and Sweetgreen have been stealing customers from full-service restaurant chains like Outback Steakhouse and IHOP. To fight back, some casual dining chains have been launching spinoff restaurants that copy that business model. Fast-casual restaurants are smaller in size, with less seating
A year ago, Boeing posted record revenues topping $100 billion with hopes of delivering a chart-topping number of airplanes in 2019, including hundreds of 737 Max jetliners. The news isn’t going to be so rosy on its fourth-quarter earnings call this year. Those bestselling planes were grounded worldwide in March after the second of two
View of the 20th Century Fox logo during the CinemaCon Walt Disney Studios Motion Pictures Special presentation at the Colosseum Caesars Palace on April 3, 2019, in Las Vegas, Nevada. VALERIE MACON Nearly a year after acquiring 21st Century Fox’s film and television assets, Disney is dropping the Fox name from its studios’ names. The
Ivy Park Collection with Beyonce Source: Adidas Adidas is banking on pop icon Beyonce, who’s dominated the airwaves for more than two decades, to do the same for the company with her new adidas x Ivy Park activewear collection, which makes its debut in adidas stores and online at midnight. Beyonce’s Ivy Park collection originally
CNBC’s Jim Cramer stressed why it’s important for American business to become more environmentally conscious. The “Mad Money” host sat down with the CEO and CFO of Microsoft to get a deeper look in to the software giant’s ambitious sustainability plan. Later in the show he got insight into CBD medicine sales with the head
Health and Human Services Secretary Alex Azar listens as U.S. President Donald Trump delivers a speech about lowering prescription drug prices from the Rose Garden at the White House in Washington, U.S., May 11, 2018. Jonathan Ernst | Reuters CEOs from the world’s largest pharmaceutical companies pitched ideas for lowering drug prices at the J.P.
CNBC’s Jim Cramer revealed a list of stocks worth buying on a pullback after the U.S. and China authorized a long-delayed phase-one trade deal. The “Mad Money” host broke down why personalization is playing a larger role in the retail and pharmaceutical spaces. Later in the show, he went one-on-one with XPO Logistics CEO Bradley
Target was expected to be a winner this holiday season, amidst a sea of disappointing reports. But the big-box retailer said Wednesday that its holiday sales were weaker than planned. Its shares tumbled more than 8% on the news. Walmart, which hasn’t reported holiday results, also traded lower. Its stock was last down about 2%.
CNBC’s Jim Cramer attributed late-Tuesday’s market sell-off to China tariffs worries combined with an overbought market. The “Mad Money” host sat down with Medtronic’s outgoing CEO Omar Ishrak to get an update on robotic-assisted surgery systems. Later in the show, he broke down what climate change will impact investing on Wall Street. The rise comes
Check out the companies making headlines before the bell: JP Morgan Chase (JPM) – The bank reported quarterly profit of $2.57 per share, beating the consensus estimate of $2.35 a share. Revenue also came in above estimates, boosted in part by strong results for fixed income. Delta Air Lines (DAL) – The airline beat estimates
CNBC’s Jim Cramer warned the recent gains in Alphabet could be short lived when the company reports earnings in coming weeks. The “Mad Money” host broke down the movements in other stocks that he said aren’t “momentum” based. Later in the show he sat down with GlaxonSmithKline CEO Emma Walmsley and CVS Health CEO Larry
A worker fixes the isolation above the engine block of a Macan sports utility vehicle (SUV) on the production line inside the Porsche Leipzig GmbH factory in Leipzig, Germany, on Thursday, Dec. 13, 2018. Krisztian Bocsi | Bloomberg | Getty Images German high-performance car manufacturer Porsche has revealed that 2019 was a record year for
“Good morning. Welcome to British Airways. Where can I take you?” The crisp female voice might belong to any woman working for BA, but it’s a robot cruising around London’s Heathrow Airport. The carrier is trying out a pair of autonomous robots that can guide passengers around Terminal 5. It’s one of the latest examples
Neil Peart, the former drummer for the Canadian rock band Rush, died on January 7 of brain cancer. He was 67 years old. Peart joined Rush in 1974, and their lineup remained the same until their retirement 41 years later. During that time, they sold 25 million albums in the U.S., according to the Recording
A NFL playoff logo is seen during the NFC Divisional Playoff. Jonathan Bachman Getty Images The National Football League continues the postseason with its Divisional Round this weekend with Super Bowl LIV in Miami nearing. But player revenue shares will also be up for grabs, with one team remaining that qualifies for the playoff jackpot.
New York Mayor Bill de Blasio speaks to the media during a press conference at City Hall on January 3, 2020 in New York City. Eduardo Munoz Alvarez / Getty Images New York Mayor Bill de Blasio said Friday that the city —”because of the possibility of a criminal act” — notified Manhattan prosecutors after
Mookie Betts #50 of the Boston Red Sox pops out in the third inning during a MLB game against the Toronto Blue Jays at Rogers Centre on September 12, 2019 in Toronto, Canada. Vaughn Ridley | Getty Images Leading up to the Friday Major Leauge Baseball arbitration deadline, 155 eligible players and their current clubs
Sarah, Duchess of York, Princess Beatrice, Prince Andrew, Duke of York and Amanda Thirsk at the Royal Ascot on June 22, 2018. in Ascot, England. Max Mumby | Indigo | Getty Images Prince Andrew’s top aide has reportedly reached a legal settlement with Buckingham Palace to end her 15-year tenure with the Royal Household. Sky
Cronos Group: “We spoke yesterday with Constellation Brands and David Kline, the excellent CFO, went over there to run Canopy. So if you’re going to have to buy one it’s going to be Canopy, ’cause that guy has got horse sense.” EPR Properties: “‘I am quite confident … that EPR is a good buy here.”
Search and rescue works are conducted at site after a Boeing 737 plane belonging to a Ukrainian airline crashed near Imam Khomeini Airport in Iran just after takeoff with 180 passengers on board in Tehran, Iran on January 08, 2020. Fatemeh Bahrami | Anadolu Agency | Getty Images A Ukrainian International Airlines plane that crashed
Teladoc Health: “I think Teladoc is part of the way to be able to keep costs down in health care and we’ve been behind it all the way and we’re not budging.” Karuna Therapeutics: “Mental health is almost impossible to get right. It’s a total spec. I’m not kidding. Everybody who has tried to crack
A Boeing 737 passenger plane with 180 aboard crashed in Iran after take-off, according to Iranian news agencies. Iran’s Fars News Agency reported that the Ukrainian plane crashed due to technical problems after taking off from Iran’s Imam Khomeini airport. The plane belonged to Ukranian Airlines, according to ISNA, another Iranian news agency. CNBC has
This is breaking news. Please check back for updates. Oil prices surged 4% in early trading on Tuesday night following rocket attacks on Western Iraq’s airbase Al Asad. U.S. West Texas Intermediate crude futures surged 4%, or $2.51, to $65.21, its highest level since April. At the session high it rose to $65.48. International benchmark
The 2020 BMW 750i Mack Hogan | CNBC For the last three decades, German luxury sedans have been criticized for their “same sausage, different length” approach to design. The biggest BMW sedan typically looks like a stretched version of its smallest car, with little evidence from the curb that it costs three times as much.
Burger King has launched its plant-based Rebel Whopper in the U.K. — but vegetarians and vegans will probably turn their noses up at it. The new Whopper, made available Monday to those who download the Burger King app, is “100% plant-based” but will be cooked on the same grill as Burger King’s regular beef Whopper
Head coach Jason Garrett of the Dallas Cowboys looks down after a ruling against them during the first quarter at Lincoln Financial Field on December 22, 2019 in Philadelphia, Pennsylvania. Corey Perrine | Getty Images The Dallas Cowboys will not retain head coach Jason Garrett after 10 seasons, according to Jerry Jones, the owner and
Anna in “Frozen II.” Disney Disney has continued its domination of the 2019 box office into 2020. On Sunday, “Frozen II” became the highest-grossing animated film of all time. With a $1.32 billion haul since its release in November, “Frozen II” has surpassed “Frozen” as the top animated film at the global box office. “Disney’s
Investors should exercise patience when evaluating stocks shortly after a geopolitical incident, like the U.S. airstrike that killed a top Iranian military leader, CNBC’s Jim Cramer said Friday morning. That’s because it usually takes more than one day for clarity to arrive, but the “Mad Money” host said Friday there are really only three oil
Nathan Chittenden carries a newborn calf at Dutch Hollow Farm in Schodack Landing, New York. “The last five years have been extremely rough for us dairy farmers,” he told CNBC. Emma Newburger / CNBC SCHODACK, N.Y. — Nathan Chittenden carefully slung a newborn calf over his shoulders and marched her over to his dairy barn
Shake Shack: “I think Shake Shack had a really, really good quarter and the shack is back and I think it’s O.K. to buy, although I have to tell you Wendy’s is the cheapest burger company.” AGNC Investment: “I don’t like that particular kind of REIT ’cause I don’t know what they’re in.” U.S. Bancorp: